6, THE RIDINGS, CLIFTONVILLE, MARGATE, CT9 3EJ - £405,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 THE RIDINGS is a very large extended detached house of 172m², built sometime between 1976 and 1982, which could now be worth an estimated £783,429. It was last sold for £405,000 in October 2006, which was around 60% above the average October 2006 detached price in the Thanet local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

6 THE RIDINGS Sold Prices

Land registry data shows two sales for 6 THE RIDINGS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. Both of the two 6 THE RIDINGS sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2006 6 OCT	£405,000	£252,788	60% above HPI
1999 17 NOV	£185,000	£100,615	84% above HPI

6 THE RIDINGS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Thanet local authority area over time, sourced from the HPI. The two 6 THE RIDINGS sales from November 1999 and October 2006 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 1999 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the October 2006 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 6 THE RIDINGS be worth now?

6 THE RIDINGS might now be worth an estimated £783,429.

This is based on house price inflation of 93.4%, between October 2006 and February 2025, for detached houses, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 93.4% inflationary increase is applied to the most recent sale price for 6 THE RIDINGS of £405,000 on 6th October 2006. For the value to have increased from £405,000 to £783,429 over the nineteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 6 THE RIDINGS has moved in line with the HPI for detached houses in the Thanet local authority area.
• The October 2006 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THE RIDINGS has not materially changed since October 2006.

How Large is 6 THE RIDINGS?

6 THE RIDINGS is 172m², which includes three extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 20% of detached houses houses in Margate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Margate, and where 6 THE RIDINGS lies on this distribution: 88% of detached houses houses are smaller than 6 THE RIDINGS, and 12% of houses are larger. Note that EPC data is not available for all properties in Margate.

6 THE RIDINGS: Plot and Title Map

6 THE RIDINGS sits on a plot of roughly 0.248 of an acre, or 1,003m². The below map shows the location of 6 THE RIDINGS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 6 THE RIDINGS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 6 THE RIDINGS?

6 THE RIDINGS is located in CLIFTONVILLE, in the CT9 postcode district. The below map shows the position of No. 6 on THE RIDINGS.